Ahh NC, just the man. watched the ass fall out of the dow last night and the fed signalled no more rate cuts. So my Q is, oil goes up so Inflation goes up so interest rates go up but there's a mighty long way before rates get close to 4 or 5 %. So, in Hong Kong could we have rising rates and still a weak dollar and what will that do to the housing market? Or the housing allowance? Will the market follow inflation or toughened borrowing?
Just sold and pondering rent or buy. Me thinks as dollar hits $140 fed can hold out no longer though it appears it's not supply but speculation that's driving oil up........................